Despite facing tough times for a while now, a May 2014 press release of Prakash Industries said it had added capacities in its steel melting and ferro alloys divisions.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
"If there are people who don't like the organisation or don't like me, they will realise they have been wrong... they will realise that."
In the matter pertaining to acquisition of AgustaWestland helicopters, the undisputed central issue that stands out is corruption, especially bribery, the statement said.
CONCACAF, the corruption-plagued soccer organisation for North and Central America and the Caribbean, could face dramatic consequences, including being disbanded, if it fails to reform, the organisation's lawyers have told its members.
Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.
Would it serve India's interest to go to war with China over the Maldives, asks Aditi Phadnis.
'In the three years since 2014 social tyranny has become a very real problem.' 'The government has denounced this tyranny -- once in a while.'
'But its supporters in North India bash on regardless,' says T C A Srinivasa-Raghavan.
Christian Michel's investigation in New Delhi has revealed nothing substantial, contrary to the expectations of the prime minister and the media hype. A fascinating excerpt from Raju Santhanam's The Untold Story of Christian Michel and Agustawestland.
Former Railway Minister Pawan Kumar Bansal's nephew Vijay Singla and nine others, arrested in the Rs 10-crore cash-for-post railway bribery case, were on Tuesday put on trial by a special court on charges of conspiracy and corruption.
After India scrapped its Rs 3,600 crore deal for supplying VVIP choppers, Anglo-Italian firm AgustaWestland on Friday said that the contract termination notice sent to it does not offer any firm basis for taking any action against it.
The Swiss lawyer heading up a committee charged with reforming the structure and management of world soccer body FIFA says major changes to the organization's voting structure and imposing term limits on executive committee members will be difficult to achieve in the short term.
Bansal has been named as the 39th prosecution witness in the case in which Singla, the then Member (Staff) of Railway Board Mahesh Kumar and eight others have been chargesheeted for the offence of criminal conspiracy under the IPC and relevant provisions of the Prevention of Corruption Act.
Slush fund allegedly used to buy votes for the World Cup, claims report
Copa America kicks off in Chile on Thursday as a widening US-led investigation lifts the lid on rampant corruption among the sport's top officials.
World football body FIFA put Jerome Valcke, its second-ranking official, on leave on Thursday just hours after an ex-footballer raised allegations he was involved in a plan to resell 2014 World Cup tickets for a lucrative profit.
Some of the big moments of the sporting world from 2010-2019!
Delhi Chief Minister Arvind Kejriwal and his Bihar counterpart Nitish Kumr on Thursday jointly attacked the Centre calling it "anti-poor and anti-farmer" and asserted that the people will give it a "befitting reply".
State Bank of India's push among fellow bankers to appoint an external agency to run debt-heavy Bhushan Steel might not be smooth sailing.
'A fierce crusader against communalism, George joined hands with majoritarian forces, never to revisit or re-assess his saffron association.' 'He was a Union minister in 1998-2004, a time when people like Graham Staines were lynched in Orissa.' 'On the Gujarat pogrom of 2002, George went on to kind of justify the slashing of pregnant women, by saying in the Lok Sabha that this was nothing new for India.' 'Thus, he was in sharp contrast to what he had himself stood for in the heyday of his political career in the 1970s and 1980s, says Mohammad Sajjad.
'The idea of moral responsibility is not particularly strong in our parts. Showing that people are corrupt or immoral through stings doesn't have the required effect in such a culture,' says Aakar Patel.
Crisis-hit world football governing body FIFA faces one of the most important days in its 112-year history when it elects a new leader on Friday hoping to usher in a fresh era after decades of tawdry controversy.
FIFA's director of communications Walter de Gregorio is to resign after making a joke on television.
FIFA President Sepp Blatter began his fifth term at the helm of football's governing body on Saturday facing the daunting task of restoring public faith in an organisation tainted by allegations of corruption and deeply divided over his re-election.
Many from this small lender have made it to other bank boards over the past 5 years
Firm terms lenders' move to appoint monitoring agency 'unwarranted'.
The party desperately needs another state where, unfettered by the Centre, it can fly its flag.
Faced with a dilemma over handing tickets to leaders facing allegations of corruption, Congress on Wednesday gave indications that while former Railway Minister Pawan Kumar Bansal could be re-nominated from Chandigarh, Pune MP Suresh Kalmadi may not be fielded in the upcoming polls.
'It was not an agreement, this was his proposal and of course it (then) went to the vote at the (FIFA) executive committee'
The government vowed to track down the main beneficiaries of the kickbacks so that "we can do" what "we could not do in Bofors
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
A Swiss national who has run soccer's powerful governing body for the past 17 years, 79-year-old FIFA boss Sepp Blatter has now for the first time become the focus of a criminal investigation.
Defence Minister Manohar Parrikar said in the Lok Sabha that former Air chief S P Tyagi and Gautam Khaitan, both accused in the case, are "small people" who "simply washed their hands in a flowing ganga (of corruption)" and that the government will 'find out where the river was going'.
Most of the opposition parties blamed Rashtriya Swayamsevak Sangh-affiliates for the cow vigilantism.
'There is a Jack Warner or two in every Caribbean parliament today.'
The collapse of an under-construction 11-storey building in Chennai which claimed 11 lives should serve as a wake-up call for the housing sector to have a regulatory mechanism for the construction industry, says N Sathiya Moorthy
It has been said that by 2025, India could become among the top five economies in the world. If India does become a $5 trillion economy but gets all its rivers polluted, food chain poisoned and genetic pool depleted and biometric database of Indians sold or stolen at the behest of commercial czars, will it not be a pyrrhic economic victory, asks Gopal Krishna.
The win at Edgbaston was not the first time an Indian team had vanquished Pakistan in an ICC competition. Rajneesh Gupta surveys the landscape of India-Pakistan encounters in ICC contests.
Meet the US Attorney who took on Donald Trump.
